Federal Reserve Margin Requirements and the Stock Market**
Jacob Cohen
Journal of Financial and Quantitative Analysis, 1966, vol. 1, issue 3, 30-54
Abstract:
The boom stock market is a well known phenomenon of our time. The investor (and public) interest in the market, however, does not seem to be shared by the monetary policy makers. Certainly, if we use the 1920's as the benchmark, the Federal Reserveexhibits considerably less anxiety over the present boom market than it did then.
Date: 1966
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